Robecosam AG reduced its position in shares of PVH Corp. (NYSE:PVH) by 37.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,950 shares of the textile maker’s stock after selling 1,150 shares during the quarter. Robecosam AG’s holdings in PVH Corp. were worth $222,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. LS Investment Advisors LLC boosted its stake in shares of PVH Corp. by 1.3% during the 2nd quarter. LS Investment Advisors LLC now owns 3,904 shares of the textile maker’s stock worth $447,000 after acquiring an additional 52 shares in the last quarter. First Allied Advisory Services Inc. boosted its stake in shares of PVH Corp. by 2.7% during the 2nd quarter. First Allied Advisory Services Inc. now owns 2,202 shares of the textile maker’s stock worth $249,000 after acquiring an additional 57 shares in the last quarter. Capstone Asset Management Co. boosted its stake in shares of PVH Corp. by 0.7% during the 2nd quarter. Capstone Asset Management Co. now owns 8,949 shares of the textile maker’s stock worth $1,025,000 after acquiring an additional 64 shares in the last quarter. Xact Kapitalforvaltning AB boosted its stake in shares of PVH Corp. by 0.7% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 13,982 shares of the textile maker’s stock worth $1,601,000 after acquiring an additional 95 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. boosted its stake in shares of PVH Corp. by 4.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,677 shares of the textile maker’s stock worth $307,000 after acquiring an additional 104 shares in the last quarter. 95.32% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Francis K. Duane sold 24,000 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $126.86, for a total transaction of $3,044,640.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP David F. Kozel sold 8,867 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $125.19, for a total transaction of $1,110,059.73. The disclosure for this sale can be found here. Insiders sold 39,307 shares of company stock worth $4,980,787 in the last ninety days. Insiders own 1.30% of the company’s stock.

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PVH Corp. (PVH) traded up 0.11% on Friday, reaching $124.94. 711,276 shares of the company’s stock were exchanged. PVH Corp. has a 12-month low of $84.53 and a 12-month high of $130.75. The firm has a 50 day moving average of $126.78 and a 200-day moving average of $113.47. The company has a market cap of $9.67 billion, a P/E ratio of 23.83 and a beta of 0.46.

PVH Corp. (NYSE:PVH) last announced its quarterly earnings results on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. PVH Corp. had a net margin of 4.96% and a return on equity of 11.67%. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the firm earned $1.47 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. Equities analysts expect that PVH Corp. will post $7.71 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th were issued a $0.038 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.12%. The ex-dividend date was Tuesday, August 22nd. PVH Corp.’s dividend payout ratio (DPR) is presently 2.87%.

Several research firms have recently issued reports on PVH. Sanford C. Bernstein began coverage on shares of PVH Corp. in a research note on Tuesday, September 12th. They set a “market perform” rating and a $142.00 target price on the stock. Zacks Investment Research lowered shares of PVH Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Barclays PLC began coverage on shares of PVH Corp. in a research note on Tuesday, September 19th. They set an “overweight” rating and a $147.00 target price on the stock. Cowen and Company set a $145.00 target price on shares of PVH Corp. and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Finally, Credit Suisse Group set a $149.00 target price on shares of PVH Corp. and gave the stock a “buy” rating in a research note on Thursday, August 24th. Four investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $139.19.

About PVH Corp.

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

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Institutional Ownership by Quarter for PVH Corp. (NYSE:PVH)

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